CONEMAR CONSULT: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
CONEMAR CONSULT
Largest movements
- Cash +€108,644
up €108,644 (+531%), from €20,452 to €129,096
mainly Net result for the year (+€85,507) and Receivables within one year (+€48,936)
- Tangible fixed assets +€54,642
up €54,642 (+129%), from €42,482 to €97,124
of which Furniture and vehicles: +€56,700
- Receivables within one year -€48,936
down €48,936 (-56.8%), from €86,219 to €37,282
of which Other amounts receivable: -€29,062
- Deferred charges and accrued income +€4,424
up €4,424 (+401%), from €1,103 to €5,527
- Reserves +€84,089
up €84,089 (+70.3%), from €119,604 to €203,693
- Tax, wage and social debts +€21,701
up €21,701 (+265%), from €8,183 to €29,884
- Debts after one year +€11,466
new in 2025: €11,466
- Current portion of long-term debt +€2,884
up €2,884 (+24.0%), from €12,000 to €14,884
- Gross operating margin +€92,082
up €92,082 (+209%), from €44,052 to €136,134
- Taxes +€28,313
up €28,313 (+218%), from €12,991 to €41,304
- Financial income +€2,007
up €2,007 (+1,142%), from €176 to €2,183
- Depreciation +€1,966
up €1,966 (+34.2%), from €5,753 to €7,719
From the 2024 result to the 2025 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2024 and 2025 balance sheets and the 2025 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2024 | 2025 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €150,256 | €269,030 | +€118,774 | +79.0% |
| Fixed assets | 21/28 | €42,482 | €97,124 | +€54,642 | +129% |
| Tangible fixed assets | 22/27 | €42,482 | €97,124 | +€54,642 | +129% |
| Land and buildings | 22 | €36,846 | €34,788 | -€2,058 | -5.6% |
| Furniture and vehicles | 24 | €5,637 | €62,336 | +€56,700 | +1,006% |
| Current assets | 29/58 | €107,773 | €171,905 | +€64,132 | +59.5% |
| Amounts receivable within one year | 40/41 | €86,219 | €37,282 | -€48,936 | -56.8% |
| Trade receivables | 40 | €22,520 | €2,646 | -€19,874 | -88.3% |
| Other amounts receivable | 41 | €63,699 | €34,637 | -€29,062 | -45.6% |
| Cash at bank and in hand | 54/58 | €20,452 | €129,096 | +€108,644 | +531% |
| Deferred charges and accrued income | 490/1 | €1,103 | €5,527 | +€4,424 | +401% |
| Total equity and liabilities | 10/49 | €150,256 | €269,030 | +€118,774 | +79.0% |
| Equity | 10/15 | €125,804 | €209,893 | +€84,089 | +66.8% |
| Contributions | 10/11 | €6,200 | €6,200 | = | 0.0% |
| Reserves | 13 | €119,604 | €203,693 | +€84,089 | +70.3% |
| Distributable reserves | 133 | €119,604 | €203,693 | +€84,089 | +70.3% |
| Amounts payable | 17/49 | €24,452 | €59,137 | +€34,685 | +142% |
| Amounts payable after more than one year | 17 | - | €11,466 | +€11,466 | |
| Financial debts | 170/4 | - | €11,466 | +€11,466 | |
| Amounts payable within one year | 42/48 | €24,452 | €47,671 | +€23,219 | +95.0% |
| Current portion of amounts payable after more than one year | 42 | €12,000 | €14,884 | +€2,884 | +24.0% |
| Trade debts | 44 | €2,669 | €1,485 | -€1,184 | -44.4% |
| Suppliers | 440/4 | €2,669 | €1,485 | -€1,184 | -44.4% |
| Taxes, remuneration and social security | 45 | €8,183 | €29,884 | +€21,701 | +265% |
| Taxes | 450/3 | €8,183 | €29,884 | +€21,701 | +265% |
| Other amounts payable | 47/48 | €1,600 | €1,418 | -€182 | -11.4% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €5,753 | €7,719 | +€1,966 | +34.2% |
| Other operating charges | 640/8 | €1,434 | €1,328 | -€105 | -7.3% |
| Gross operating margin | 9900 | €44,052 | €136,134 | +€92,082 | +209% |
| Operating profit (loss) | 9901 | €36,865 | €127,086 | +€90,221 | +245% |
| Financial income | 75/76B | €176 | €2,183 | +€2,007 | +1,142% |
| Recurring financial income | 75 | €176 | €2,183 | +€2,007 | +1,142% |
| Financial charges | 65/66B | €2,879 | €2,459 | -€420 | -14.6% |
| Recurring financial charges | 65 | €2,879 | €2,459 | -€420 | -14.6% |
| Profit (loss) for the period before taxes | 9903 | €34,162 | €126,811 | +€92,649 | +271% |
| Income taxes | 67/77 | €12,991 | €41,304 | +€28,313 | +218% |
| Profit (loss) for the period | 9904 | €21,171 | €85,507 | +€64,335 | +304% |
| Profit (loss) for the period to be appropriated | 9905 | €21,171 | €85,507 | +€64,335 | +304% |
Source: filed annual accounts (NBB), financial years ended 31 December 2024 and 31 December 2025. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 15 October 2026 via checked.be.